08.01.14

Why BitCoin speculator Tim Draper wanted in to Argentina

Posted in Culture of Lickspittle, Fiat money fear and loathers at 10:35 am by George Smith

A couple weeks back venture capitalist and Six Californias ass hat Tim Draper won a US government auction for 30,000 BitCoins. From the blog: Draper is planning to use his digital wealth, in partnership with a company called Vaurum, to finance bitcoin-exchange services in the developing world. At a press conference, he praised bitcoin’s ability […]

07.03.14

Six Californias Billionaire snarfs up BitCoins

Posted in Culture of Lickspittle at 1:51 pm by George Smith

BitCoin, the digital currency only for wealthy libertarian tech nerds, inheritance billionaires, speculators, hoarders and black markets, burnished the reputation today when venture capitalist Tim Draper was reported as having bought 19 million dollars worth of them, about 30,000, at the US government’s auction of the digital money recovered from the closed website, Silk Road. […]

03.20.14

Put a brilliant hacker in an on-line Bitcoin bank & he’ll start changing lives right and left! Your eyes will fill with tears!

Posted in Culture of Lickspittle, Fiat money fear and loathers at 12:06 pm by George Smith

Comment rescue: Bitcoin is as a SCAM by design as I have voiced many times over several months in that even when a large percentage of people have their holdings stolen the price is stable enough to continue to entice new entrants into exchanging hard earned fiat currency for bitcoins via the ramblings of the […]

03.11.14

Just when things are darkest, two young men show us what to do — with BitCoin! I can’t get it out of my head!

Posted in Culture of Lickspittle, Fiat money fear and loathers at 11:00 am by George Smith

Hot and fresh from the pages of the Daily Lickspittle: The Ponzi Winklevoss twins are paying Richard Branson $250,000 or maybe half a million in BitCoin for a space tourism ride on Virgin Galactic. From the iEthers: Wire news: In a blog post, Tyler Winklevoss compared Branson’s space endeavor and bitcoin entrepreneurs to major historical […]

03.07.14

Who Mourns for BitCoin Elvis?

Posted in Culture of Lickspittle, Fiat money fear and loathers at 1:41 pm by George Smith

Stupid people! I am not BitCoin Elvis! Now, which of you is going to buy me lunch? It’s a good parlor trick. How do you prove you are or you aren’t the Satoshi Nakamoto of interest? Why, you just run off into your bedroom and post a denial in an old chat forum. Or get […]

03.06.14

Caption this photo of BitCoin Elvis

Posted in Culture of Lickspittle, Fiat money fear and loathers at 2:35 pm by George Smith

#$%@, BitCoin freaks! I’m callin’ the cops! I’m not your Elvis Presley! Comment rescue from this morning, to bring you up to date… BitCoin Elvis Satoshi Nakamoto has been found! He’s an older and very weird paranoid libertarian computer programmer who lives in the San Fernando Valley in a nondescript tract home. And he called […]

02.26.14

Why BitCoin isn’t for shitty little people: Reason #1, the Ponzi Twins

Posted in Culture of Lickspittle, Fiat money fear and loathers at 3:44 pm by George Smith

The most seen faces of BitCoin, until the Mt. Gox failure and replacement by the Waiting for BitCoin Godot guys. Bitcoin holdings of Tyler and Cameron Winklevoss: $64.1 million Source: The New York Times, today. What makes the Ponzi Twins so swank? It’s all that money in their BitCoin tank! And how did the Ponzis […]

02.25.14

BitCoin exchange bites dust

Posted in Culture of Lickspittle, Fiat money fear and loathers at 9:56 am by George Smith

All your money are belonged to “Poof!” Mt. Gox is gone, or almost so, reads the news. Rumors about the possible collapse of leading Bitcoin exchange Mt. Gox are sending shock waves through the community that has embraced the virtual currency. Amid radio silence from the company, users are attempting to sort through conflicting signals […]

02.20.14

BitCoin speculation

Posted in Fiat money fear and loathers at 4:55 pm by George Smith

The BitCoin community has turned on Mt. Gox, it’s old favorite exchange, at least for the moment. Today the rate hit a low of $109 with the average being $159. At the Financial Times, the feeling is the jig is up: Protester Kolin Burges, who started dabbling in virtual currencies last summer, says that he […]

02.17.14

Bitcoin palpitation

Posted in Culture of Lickspittle, Fiat money fear and loathers at 2:26 pm by George Smith

This morning, Bitcoin could be purchased in Los Angeles, as USC, for $317, the average price on Mt. Gox. The same seller is now advertising 268 with the caveat, “Price is Mt. Gox market price at time of transaction.” Mt. Gox, as of right at post publication, is offering an average $320, a low of […]

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